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Mon, Aug 3 11:23 AM

About 900,000 employees of Indian banks plan to strike work on Aug. 6 and Aug. 7 for higher wages and pension, a union representative said on Monday.

Staff at state-run banks, which dominate banking in India, and some private sector and foreign banks would participate in the strike, C.H. Venkatachalam, convenor of the United Forum of Bank Union, said.


"Talks with IBA once again fell on wage increase and pensions forcing us to go ahead with the strike call," he said.


Union members are scheduled to meet with the Indian Bank Association, which represents bank managements, on Tuesday to try and resolve the issues, he added.


Earlier, the unions had called a strike on June 12 but withdrew it in the last hour after banks agreed to meet some of their demands on a pension scheme and higher wages.